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Seven-fold jump in Benchmark’s debt to clients no alarm
A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.
Bahamas ‘leads pack’ over digital adoption
A senior Royal Bank of Canada (RBC) executive yesterday hailed The Bahamas as “a bit of a bellwether” for the Caribbean on digital payments adoption with more than 50 percent of its local clients now using such channels.
Deandre Ayton: ‘What’s said is already said’
THE relationship between Phoenix Suns centre Deandre Ayton and head coach Monty Williams continues to be a point of contention for the franchise. Following a bitter end to the 2021-22 season and a lengthy contract negotiation in the offseason, Ayton addressed the relationship between the two on the first day of training camp.
Stephen Sears Jr and X-Men remain undefeated in the AUS
STEPHEN Sears Jr got his first start of the season and his St Francis Xavier X-Men won an early matchup of undefeated teams in Atlantic University Sport Football.
Downtown art district plan to put Miami, New York ‘second’
The Ministry of Tourism’s plans to transform downtown Nassau via creation of an “art district” will relegate similar spaces in New York and Miami to “second spot”, a senior official pledged yesterday.
Hurricane Ian could bring heavy rainfall
THE National Emergency Management Agency continues to closely monitor the track of Hurricane Ian which forecasters anticipate could bring heavy rainfall to the northwest Bahamas.
Ayton: ‘I’m locked in on getting better and starting training camp’
DEANDRE Ayton’s offseason contract situation and his role in his return to the Phoenix Suns were one of several highlights from the team’s media day.
Warning over dangers affecting the Bahamas
IN his address at the 77th United Nations General Assembly on Saturday, Prime Minister Phillip “Brave” Davis highlighted such ongoing challenges facing The Bahamas as the impact of climate change, irregular migration and the long-standing problem of gun trafficking to the country.
Jones and BIH look to get in the win column
Jonquel Jones and her Bosnia and Herzegovina (BIH) side remain winless thus far at the FIBA Women’s Basketball World Cup.
Marlins sweep Titans, make it to finals
ACE pitcher Thomas Davis liked what he saw from his Sigma Blue Marlins as they swept aside the Atlantis Titans in two straight games to advance to the New Providence Softball Association men’s championship series.
New asphalt plant commissioned
WORKS and Utilities Minister Alfred Sears commissioned a production facility, the Astec Double Barrel Six Pack Asphalt Plant, on Friday.
‘Let businesses set own rules over mask rules for customers’
GROCERY store managers said yesterday that while they support the lifting of the country’s mask mandate, they also believe businesses should be allowed to set their own mask wearing rules for customers.
Adelaide developer: Don’t ‘drop bomb’ on our costs
A Bahamian businessman yesterday warned he and his partners might have to “shelve” a $63m New Providence project if “prohibitively expensive” changes and conditions were imposed after Wednesday’s planning consultation.
PART I: Small island, huge impact - historical facts and truths about Taiwan
US House Speaker Nancy Pelosi’s recent visit to Taiwan was provocative, reckless and dangerous. The visit, which was the culmination of misguided US moves to challenge China’s core national interests, left the political foundations of China-US relations shaken and drew an expectedly strong reaction from China.
STATESIDE: Biden’s age, inflation and immigration record to be tested
POLITICIANS are quite comfortable lobbing verbal grenades at an incumbent president of the opposing party, and the current crop of Republican office holders and job seekers is no different. In the steady, numbing drumbeat of GOP criticisms of Joe Biden and his administration, the loudest seems to be about his age.
Bahamas among countries at risk of polio outbreak
THE PAN American Health Organization has warned that 12 countries in the region, including The Bahamas, are considered to be at high or very high risk of experiencing a polio outbreak.
54 records expunged by rehabilitation committee
THE Rehabilitation of Offenders Committee has received 112 applications from people seeking to have their records wiped clean between January and June of this year, with 54 of those applicants said to have already had their records expunged.
‘Best bang for dollar’ to counter rate hikes
The Bahamas must give all visitors “the best bang for their dollar and ‘A’-plus customer service” as the most effective counter to inflation and continuing US interest rate hikes, a senior tourism official said yesterday.
‘Stars are aligning’ over $3m Nassau Gas raise
A Bahamian propane gas (LPG) dealer yesterday said “the stars are aligning” as it seeks up to $3m from Bahamian investors to finance its ambitious growth strategy throughout the country.
Two accused of burglary
TWO men appeared in Magistrate’s Court yesterday on separate charges of housebreaking and burglary.